Bexley Gardens, Chadwell Heath, Romford, RM6
London
£375,000Guide Price
Listed on 02/11/2026
Listed on 02/11/2026
The listing
Property details
Bedrooms
2Type
Terraced HouseArea
700 sqftFeatures
- Garden
- Parking
Description
Offered through the Modern Method of Auction, this freehold two-bedroom terraced house in Chadwell Heath has approximately 700 sq ft of accommodation over two floors. The ground floor has an entrance hall, a separate kitchen and a lounge, while upstairs are two bedrooms and a family bathroom. The listing describes the property as having scope for modernisation and personalisation, giving a buyer the opportunity to update it to their requirements.
Outside, the house has a private rear garden and an allocated parking space. Local shops, cafes, restaurants and supermarkets are available in the area, with Grove Farm Retail Park nearby. Chadwell Heath and Goodmayes stations provide Elizabeth Line services, and local bus routes offer further transport connections.
The sale is subject to the Modern Method of Auction terms, including a reservation agreement and a non-refundable reservation fee in addition to the purchase price. Buyers should review the information pack and auction terms and carry out their own due diligence before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
38out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a light, liveable project rather than a full renovation: the lounge and bedrooms appear usable, while plain, dated finishes and an overgrown rear garden leave room for a cosmetic refresh and straightforward outdoor improvement. The separate living and kitchen spaces, private garden and allocated parking add practical appeal, with the visible exterior appearing generally intact.
The main obstacle is the price. At £375,000, the asking figure is around £536 per sq ft against a local average of £453, so it looks expensive for the area. Even allowing for the relatively light works, the purchase price plus a mid-to-substantial programme of improvements would leave the overall cost stretched against local benchmarks for this floor area; that comparison is with current local averages, not a forecast of the value after renovation. The listing is offered by modern auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Refresh the plain, dated interior finishes while retaining the usable lounge and bedroom spaces.
- Clear the overgrown rear garden and improve the weathered patio to make better use of the private outdoor space.
- The separate lounge and kitchen, together with allocated parking, provide useful everyday practicality.
Key risks
- At the current asking level, the purchase price combined with a mid-to-substantial improvement programme leaves costs stretched against local benchmarks for a home of this floor area.
- All-in costs look stretched with the asking price plus a meaningful modernisation spend, about 17% ahead of typical local benchmarks for this size; post-works value sits outside our data.
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Transport
Nearest stations
Goodmayes Rail Station
0.8 miles
Train · Goodmayes
Chadwell Heath Rail Station
0.9 miles
Train · Chadwell Heath
Newbury Park Underground Station
1.1 miles
Underground · Newbury Park
Newbury Park Station
1.1 miles
Train · Newbury Park
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,532
Based on a loan of £281,250 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
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Indicative tax based on the asking price and the options you select.
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